Our work in Investment Climate Reform
Investment climate reform focuses on implementing policies which improve business environments and encourage and retain investment, thus fostering competitive markets, growth and job creation. Examples of our work include:
- Designing and implementing in up to eight countries the DFID funded Legal Assistance for Economic Reform (LASER) programme – a three year, £4.3 million investment climate programme that helps identify and solve commercial law and justice problems. Delivered in partnership with KPMG, LASER adopts a problem-driven, iterative, approach, to support partner governments to develop country owned and led initiatives. LASER currently works in Rwanda, Sierra Leone, Uganda, Bangladesh, Tanzania, Somaliland and Kenya. LASER embeds long term advisers in governments, as well as offering short term technical assistance, and connects the demand for legal assistance with pro bono networks in the UK and elsewhere. Sharing lessons learned and guidance about how to do investment climate reform differently (DFID, 2014-2017; www.laserdev.org).
- Scoping out the next phase of DFID support to investment climate reform in Bangladesh (£15-20 million over five or more years). The output was a scoping study which recommended a new approach to supporting investment climate reform (with a stronger emphasis on problem driven, politically led approaches), and identified key areas of support (DFID, 2014-2015).
- A detailed analysis of the legal and regulatory barriers to women's participation in private sector development in Ghana and two states in Nigeria (Lagos and Kano). We subsequently developed this work into a synthesis report on Ghana, Nigeria, Uganda, Tanzania, and Kenya comparing and contrasting East and West Africa in relation to issues including land rights, access to finance, business entry, tax and employment (IFC, 2009).